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Australian (ASX) Professional Services Industry Analysis

UpdatedNov 28, 2022
DataAggregated Company Financials
Companies26
  • 7D0.5%
  • 3M-4.8%
  • 1Y-3.2%
  • YTD-8.7%

In the last week, the Professional Services industry is flat overall, with McMillan Shakespeare standing out by going down 3.1%. Unfortunately though, the industry is down 3.2% over the past 12 months. Earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

Has the Australian Professional Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 28 Nov 2022AU$13.6bAU$6.7bAU$489.9m19x27.8x2x
Wed, 26 Oct 2022AU$13.5bAU$6.5bAU$416.5m20.9x32.4x2.1x
Fri, 23 Sep 2022AU$13.5bAU$6.5bAU$417.3m20.1x32.2x2.1x
Sun, 21 Aug 2022AU$14.7bAU$5.9bAU$319.2m31x46x2.5x
Tue, 19 Jul 2022AU$12.7bAU$5.9bAU$318.1m25.8x39.9x2.1x
Thu, 16 Jun 2022AU$12.4bAU$5.9bAU$317.9m26.1x39.1x2.1x
Sat, 14 May 2022AU$13.7bAU$5.8bAU$305.9m29.7x44.9x2.4x
Mon, 11 Apr 2022AU$14.5bAU$5.8bAU$306.3m32.9x47.5x2.5x
Wed, 09 Mar 2022AU$14.1bAU$8.0bAU$303.0m33.4x46.4x1.8x
Fri, 04 Feb 2022AU$11.1bAU$4.6bAU$350.7m21.5x31.5x2.4x
Sun, 02 Jan 2022AU$12.9bAU$4.6bAU$324.8m21.3x39.8x2.8x
Tue, 30 Nov 2021AU$12.2bAU$4.6bAU$324.2m20.3x37.6x2.7x
Thu, 28 Oct 2021AU$13.0bAU$4.4bAU$318.6m21x41x3x
Sat, 25 Sep 2021AU$11.9bAU$4.4bAU$344.1m20.3x34.6x2.7x
Mon, 23 Aug 2021AU$12.0bAU$4.4bAU$344.3m20.7x34.9x2.7x
Sat, 10 Jul 2021AU$11.9bAU$4.3bAU$341.2m22.6x34.8x2.7x
Fri, 02 Apr 2021AU$9.3bAU$4.2bAU$311.2m19.2x29.8x2.2x
Mon, 04 Jan 2021AU$9.2bAU$4.1bAU$236.9m16.1x38.9x2.2x
Thu, 08 Oct 2020AU$8.5bAU$4.1bAU$188.9m14.7x44.9x2.1x
Wed, 01 Jul 2020AU$7.2bAU$4.1bAU$201.5m16.5x35.8x1.8x
Sat, 04 Apr 2020AU$6.1bAU$4.2bAU$219.6m11.6x27.9x1.5x
Tue, 07 Jan 2020AU$9.3bAU$4.2bAU$250.9m16.4x37.2x2.2x
Price to Earnings Ratio

35.2x


Total Market Cap: AU$9.6bTotal Earnings: AU$271.5mTotal Revenue: AU$4.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Professional Services Industry Price to Earnings3Y Average 38.1x202020212022
Current Industry PE
  • Investors are pessimistic on the Australian Professional Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 27.8x which is lower than its 3-year average PE of 38.1x.
  • The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Professional Services industry have grown 22% per year over the last three years.
  • Revenues for these companies have grown 18% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Australian Industrials industry?

AU Market1.17%
Industrials2.25%
Professional Services0.53%
HR Services1.21%
Research and Consulting Services0.15%
Industry PE
  • Investors are most optimistic about the Research and Consulting Services industry even though it's trading below its 3-year average PE ratio of 44.6x.
    • Analysts are expecting annual earnings growth of 8.9%, which is higher than its past year's earnings growth of 3.5% per year.
  • Investors are most pessimistic about the HR Services industry, which is trading below its 3-year average of 30.9x.
Forecasted Growth
  • Analysts are most optimistic on the HR Services industry, expecting annual earnings growth of 15% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Research and Consulting Services industry is expected to see its earnings grow by 8.9% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
APM APM Human Services InternationalAU$2.992.4%
+AU$64.2m
6.8%PE66.7x
PPE PeopleinAU$3.3213.3%
+AU$39.4m
-18.0%PE19x
IPH IPHAU$9.011.0%
+AU$20.3m
2.0%PE38.6x
ALQ ALSAU$12.180.08%
+AU$4.8m
1.6%PE22.4x
ASH Ashley Services GroupAU$0.693.8%
+AU$3.6m
17.9%PE8.8x
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IPH

AU$9.01

IPH

7D

1.0%

1Y

2.0%

HIT

AU$1.97

HiTech Group Australia

7D

-3.9%

1Y

2.6%

SIQ

AU$4.78

Smartgroup

7D

-2.6%

1Y

-35.9%

KSS

AU$0.21

Kleos Space

7D

-6.7%

1Y

-71.0%

ALQ

AU$12.18

ALS

7D

0.08%

1Y

1.6%

AMX

AU$0.41

Aerometrex

7D

5.1%

1Y

-43.4%

VRS

AU$0.073

Veris

7D

1.4%

1Y

21.7%

QIP

AU$0.93

QANTM Intellectual Property

7D

-2.1%

1Y

-27.5%

PPE

AU$3.32

Peoplein

7D

13.3%

1Y

-18.0%

KPG

AU$4.58

Kelly Partners Group Holdings

7D

-1.5%

1Y

22.8%

FLN

AU$0.28

Freelancer

7D

1.8%

1Y

-62.2%

CUP

AU$0.66

CountPlus

7D

-2.9%

1Y

-33.3%

APM

AU$2.99

APM Human Services International

7D

2.4%

1Y

6.8%

ASH

AU$0.69

Ashley Services Group

7D

3.8%

1Y

17.9%

AFL

AU$0.13

AF Legal Group

7D

-16.7%

1Y

-67.9%